The Payroll Factory
A PRFUSA, Inc. Company
Providing your business with
unparalleled Services.
Direct Depositing of Payroll Checks
If you have selected to have your payroll checks direct deposited, we will provide ACH transmissions to transfer money from your account to your employees' bank accounts by one of the following ways:
- Via your company account at a nominal fee per pay period plus a transaction charge per bank account where money is being deposited. Note: Your bank may charge you a flat monthly service fee plus a transaction and /or per record charge. Transactions via your company account must be processed 3 days prior to the check date.
- Via our impound account at a nominal fee per pay period plus a transaction charge per bank account where money is being deposited. Transactions via our impound account must be processed 4 days prior to the check date to enable us to debit your account for the net amount of the direct deposit checks one day prior to the check date.
OR
Banking information must be accurate in order for the employee to properly receive electronic funds into their bank accounts.
NOTE: The bank requires 2 business days to process all direct deposit transactions. You must adjust your call in day when bank holidays occur. If you have any questions regarding bank holidays and your direct deposit call your payroll processor for clarification.
Client Payroll Processing Services Guide: Index
- Introduction
- Payroll Factory's Hours of Operation
- Payroll Processing Schedule
- Billing Information
- Confidentiality
- Delivery of Your Payroll
- Timesheet for Data Submissions
- Submitting Payroll Data
- Payroll Totals
- Additional Pay Information
- New Hires
- Permanent Charges
- Handwritten and Voided Checks
- Payroll Reports: Basic Service
- Tax Pay and File Service
- Direct Depositing of Payroll Checks
- Remote Payroll Web Portal
- Time Clock Interfacing
- Check Signing
- Check Sealing
- Department Distributions
- Envelopes for Checks
- Workers Compensation Audit Reports
- Other Payroll Reports
- Check Pooling
- Helpful Hints and Reminders
- Useful Conversions
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